101 Fraser Ave. | Downtown | Fort McMurray

101 Fraser Avenue | Downtown

Beds
4 1
Baths
2.0
Sqft
1,055
Lot Sqft
7,600
Year Built
1967
Days Listed
197
Type
Detached
Status
Active
Garage
No
Foundation
Concrete
Condo Fee
No
Price Change
-$25k, 23-Jan

Prime Downtown Multi-Use Commercial Property Discover an exceptional opportunity with this versatile property, uniquely positioned in a high-traffic, high-visibility downtown location. Zoned for commercial use, this property currently features a residential house with both upstairs and basement suites, along with a double car detached garage. Ideal for entrepreneurial spirits, it offers a flexible setup that allows you to live on-site in the basement while operating your business on the main level, or alternatively, transform the property entirely to suit your vision. With existing tenants in place, this property generates cash flow from day one, making it a savvy investment while you plan for its future potential. Originally envisioned as part of a larger redevelopment project, individual lots are now available for entrepreneurs to create their own unique business spaces. The property’s prominent corner location is perfect for a range of service-based businesses—whether a nail salon, barber shop, boutique retail, or other ventures looking to capitalize on the visibility and traffic flow. This is more than just a location; it’s a foundation for building equity and growing your business footprint in a prime area. Highlights: • Zoning: Commercial on a residential structure • Location: High-traffic downtown corner with excellent visibility • Current Setup: Upstairs and basement suites, double detached garage • Investment Potential: Immediate cash flow from existing tenants • Ideal For: Retail, salon, barber shop, service-based businesses • Future Development: Opportunity to redevelop or remodel to enhance commercial use Seize this chance to transition from renting to owning, enhance your business presence, and establish lasting assets in a premier downtown location.

MLS ® #: A2174816
Listing Office: RE/MAX Connect
Date Listed: November 14, 2024 - 198 days on site
Last Updated: May 30, 2025 06:45am MST

$425,000

Details

Style:
bungalow

Garage Size:
1

Interior:
see remarks

Exterior:
private yard

Lot:
corner lot, standard shaped lot

Parking/Garage:
concrete driveway, parking pad

Even More Details

Foundation:
poured concrete

Construction:
other,wood frame

Flooring:
linoleum,vinyl

Roof:
asphalt

Heating:
forced air,natural gas

Inclusions:
n/a

Room Sizes

Kitchen

9`2" x 11`3"

4pc Bathroom

0`0" x 0`0"

Bedroom

9`0" x 8`11"

Bedroom

9`0" x 8`11"

Kitchen

11`10" x 15`8"

Game Room

12`9" x 10`3"

Den

10`9" x 5`10"

Dining Room

9`2" x 8`1"

Living Room

16`1" x 18`3"

Bedroom - Primary

12`4" x 9`11"

4pc Bathroom

0`0" x 0`0"

Bedroom

11`7" x 11`6"

Bedroom

9`6" x 9`6"

Laundry

6`6" x 6`2"

Thoughtful | Loyal | Effective

Loving this home?

Breanna will call to discuss.

"This what made this experience exceptional: I wasn't dealing with a REALTOR®️ , I was working with family" - Waseem Khourieh

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COLDWELL BANKER UNITED

“[Breanna] told me with 100% confidence and certainty she could get the job done and that’s exactly what happened. ”.
 
- Channing Pass
“From answering messages all day every day, to dealing with numerous issues on the buyer's side, to picking up garbage as the snow melted since we weren't living at the house. It felt like we were having a close friend working with us.”.
 
- Mitchell Weber
“A lot of people viewed the movie and pictures within the first 24 hours and I believe we had around 10 showings within the first two days.”.
 
- Gerald Lichti

Breanna
Albrecht